CIT Asset Management Related Content

CIT Northbridge Credit Refinances and Upsizes Tubular Synergy’s $45MM Credit Facility

CIT Northbridge Credit, as advised by CIT Asset Management, provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group, a privately held sales, marketing and supply chain services distributor. read more

CIT Northbridge Credit Provides $40MM Credit Facility to Tronair

CIT Northbridge Credit, advised by CIT Asset Management, provided $40 million in financing for Tronair, a manufacturer of ground support equipment, aftermarket replacement parts and services for the global aviation market. read more

CIT Northbridge Credit Adds Lederman as Managing Director for Business Development

CIT named Randy Lederman a managing director for business development activities across the Northeast for CIT Northbridge Credit. Based in New York, Lederman will be responsible for sourcing new asset-based loan opportunities from $15 million to $150 million. read more

CIT Northbridge Provides $145MM Credit Facility to Natural Gas Compression Systems

CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $145 million credit facility for Natural Gas Compression Systems. read more

CIT Northbridge Agents $100MM Revolver for Hornbeck Offshore Services

CIT Northbridge Credit served as collateral and administrative agent and lead lender on a $100 million senior secured credit facility for Hornbeck Offshore Services. read more

CIT Expands Asset Management Capabilities

CIT Group expanded its investment management and advisory capabilities to provide increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry sectors. read more

CIT, TPG Special Situations Partners Enter into JV

CIT announced a joint venture with funds managed by TPG Special Situations Partners. The JV will have a target size of $500 million and will provide secured financing to companies in a variety of industries throughout the U.S. read more

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